On March 17, 2026, Lifeward Ltd. received a notice from the Nasdaq Listing Qualifications Department indicating that the company no longer meets the audit committee requirement under Nasdaq Listing Rule 5605(c)(2)(A). This rule mandates that listed companies maintain an audit committee consisting of at least three members. The notice was triggered by the resignation of Hadar Levy from the Board of Directors, which reduced the Audit Committee to only two members. Lifeward Ltd. is currently evaluating options to regain compliance with the Nasdaq listing requirements. The company has until the earlier of its next annual meeting of shareholders or February 24, 2027, to address this issue. However, if the annual meeting occurs before August 24, 2026, compliance must be demonstrated by that date. The notice does not immediately affect the trading status of Lifeward's ordinary shares, which will continue to trade on the Nasdaq Capital Market under the symbol 'LFWD'.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.